For the first time in years, executives across the country may be able to stop gnashing their teeth over the cost of SOX. In the coming weeks, the SEC is expected to ease some of the SOX corporate compliance rules. In a speech last week, SEC Chairman Christopher Cox vowed that his agency would "unveil significant changes to the implementation of �404 of SOX." Specifically, the changes will center on defining how deeply an audit firm needs to delve when evaluating a company's internal controls.
November 20, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
For the first time in years, executives across the country may be able to stop gnashing their teeth over the cost of Sarbanes-Oxley.
In the coming weeks, the Securities and Exchange Commission is expected to ease some of the SOX corporate compliance rules, especially those that affect smaller businesses. Specifically, the changes to �404 of SOX will center on defining how deeply an audit firm needs to delve when evaluating a company’s internal controls.
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